Last Days
Stanley J. Harte, owner of the Empire Mutual building, purchased the Dauphin Hotel and the Marie Antoinette Hotel for $3 million when his structure needed extra space. He resold the land to another insurance company and leased it back for forty years, with options of thirty and twenty-nine additional years. Concurrently Sonnenblick-Goldman obtained a $3.3 million leasehold mortgage from Harte for twenty-five years with a thirty year option. There was an additional option to add five stories when necessary. The expansion was ongoing in December 1964.
Read more about this topic: Dauphin Hotel
Famous quotes containing the word days:
“These days of disinheritance, we feast
On human heads. True, birds rebuild
Old nests and there is blue in the woods.
The church bells clap one night in the week.
But that’s all done. It is what used to be....”
—Wallace Stevens (1879–1955)
“The third day of Christmas,
My true love sent to me
Three French hens,”
—Unknown. The Twelve Days of Christmas (l. 8–10)